Energy

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Energy

AJOT Newsroom | March 11, 2026

Port of Brownsville announces America first refining project

A new era for U.S. energy: the Port of Brownsville unveils the America First Refining project, a $major Gulf Coast investment set to process domestic shale oil, generate thousands of jobs, and strengthen America’s energy logistics network.

IEA to propose record release of strategic stocks in response to Iran war oil price surge

Reuters | March 11, 2026 | Energy

The International Energy Agency is to recommend the release of 400 million barrels of oil, the largest such move in IEA history, to try to restrain soaring crude prices amid the U.S.-Israeli war with Iran.

Southern Energy Renewables announce $1.4 billion methanol and sustainable aviation fuel facility in St. Charles Parish

AJOT Newsroom | March 11, 2026 | Energy | Alternative | Green Shipping

Southern Energy Renewables announced it will invest $1.4 billion to develop a green methanol and sustainable aviation fuel (SAF) production facility that will convert the region’s abundant wood-waste biomass into some of the lowest lifecycle-carbon fuels on the market, leveraging Louisiana’s established energy infrastructure, innovation ecosystem and skilled workforce.

Shell declares force majeure to clients who buy Qatari LNG, sources say

Reuters | March 11, 2026 | Energy

Shell, the world's largest liquefied natural gas trader, has declared force majeure on LNG cargoes it buys from QatarEnergy and sells to its clients worldwide, three sources told Reuters on Wednesday.

US–Israel–Iran war heightens global recession and inflation risks through energy and shipping shocks, says GlobalData

AJOT Newsroom | March 11, 2026 | Energy

The escalating war between the US, Israel, and Iran is creating the most severe disruption to global energy markets since the 1970s.

Iran tells world to get ready for $200 a barrel

Reuters | March 11, 2026 | Energy

Energy

Stas Margaronis | March 11, 2026

APMT’s Port of LA electrification reduces dwell times

APM Terminals at the Port of Los Angeles is electrifying terminal operations—cutting truck dwell times from 90 to 35 minutes while slashing emissions and boosting supply chain efficiency.

US solar installations down in 2025 after Trump policies jolt market, report says

Reuters | March 10, 2026 | Energy | Alternative

The U.S. solar market added fewer new installations in 2025 compared to the year before, a study showed on Tuesday, pointing to cooling momentum across the sector after President Donald Trump scrapped subsidies and tax breaks for renewable energy developers.

Exxon looks to ditch New Jersey incorporation for Texas homecoming

Reuters | March 10, 2026 | Energy

By Sheila Dang and Ross Kerber HOUSTON/BOSTON, March 10 (Reuters) - Exxon Mobil is seeking to abandon its corporate registration in New Jersey and redomicile in Texas where its headquarters is located

Aramco sees ‘catastrophic consequences’ for oil markets if Hormuz strait remains blocked

Reuters | March 10, 2026 | Energy | Conventional

Saudi Arabia's Aramco, the world's top oil exporter, said on Tuesday there would be "catastrophic consequences" for the world's oil markets if the Iran war continues to disrupt shipping in the Strait of Hormuz.

Annual U.S. crude oil exports decrease for first time since 2021

AJOT Newsroom | March 10, 2026 | Energy

Annual U.S. crude oil exports in 2025 decreased 3% from 2024, the first annual decrease since 2021.

CMA CGM and SIPG Energy complete CMA CGM’s first biomethanol bunkering

CMA CGM and SIPG Energy complete China’s largest biomethanol bunkering at Shanghai’s Yangshan Port, fueling the dual-fuel containership CMA CGM OSMIUM and advancing the maritime industry’s push toward low-carbon shipping.

Saudi Aramco reducing output at two oilfields, two sources say

Reuters | March 09, 2026 | Energy

Saudi oil giant Aramco has begun cutting output at two of its oilfields, two sources said on Monday, after the vital Strait of Hormuz was choked by the U.S.-Israeli war on Iran and subsequent attacks on the waterway.

MOL makes first entry into the European offshore wind CSOV business

AJOT Newsroom | March 09, 2026 | Energy | Alternative | Maritime

Mitsui O.S.K. Lines, Ltd. has decided to jointly own two Commissioning Service Operation Vessels (CSOVs) with Schoeller Holdings Ltd., a Cyprus-based global shipping company, with delivery scheduled in 2027.

U.S. exports of major transportation fuels in 2025 were about the same as in 2024

AJOT Newsroom | March 09, 2026 | Energy

In 2025, exports of major petroleum-based transportation fuels, including distillate fuel oil, motor gasoline, and jet fuel, averaged 2.4 million barrels per day (b/d), about the same as the previous year.

Triple-digit oil: Temporary spike or a new market reality - Rystad Energy’s Oil Market Update

AJOT Newsroom | March 09, 2026 | Energy

Brent spiked to $116.50 at market open before rebounding to $104.50 on news of the G7 releasing barrels, however the gain represents an almost 45% increase since the start of the conflict.

As Fukushima memories fade, Japan embraces a nuclear-powered future

Reuters | March 09, 2026 | Energy

Takuma Hashimoto was three years old when a massive earthquake and tsunami struck on March 11, 2011, triggering nuclear meltdowns at the Fukushima Daiichi plant just an hour's drive from his home.

US energy chief defends waiver on Russian oil sanctions, blames fear for higher gas prices

Reuters | March 09, 2026 | Energy

By Katharine Jackson and Curtis Williams WASHINGTON, March 8 (Reuters) - Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russian oil and predicted

China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say

Reuters | March 06, 2026 | Energy | Maritime | Bulk

China is in talks with Iran to allow crude oil and Qatari liquefied natural gas vessels safe passage through the Strait of Hormuz as the U.S.-Israeli war on Tehran intensifies, three diplomatic sources told Reuters.

More tankers come under attack as US-Iran conflict spreads in the region

Reuters | March 05, 2026 | Energy | Maritime | Bulk

More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war escalated, and Iranian drones entered Azerbaijan, threatening to spread the crisis to more oil producers in the region.

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